But maam ! As per labour act 1972 , gratuity should be given as a token of reward if the labour works more than 5 years ..but in labour act it is not mentioned anywhere that gratuity should be deducted from CTC it would be illegal ☹️ ?? Please reply to this i want to clarify out
True thats illegal but CTC word in not given anywhere in labour law thats why what should be in CTC and what should not be in CTC has no definition as per any Act or rule.
@@krishnamahawar319 in Labour Law, CTC word is not acknowledged. Means any acts any rule any notification don't acknowledge the concept of CTC. CTC is a modern age term.
The government increased 87a rebate limit 500000 to 700000...so 700000 is a taxable income but when you get 87a rebate 25000 on 700000. Your tax will be 0.... As per rebate 700000 is tax free salary.😂😂😂
Hi mehar... Does CTC also include employers pf contribution ? If so..to calculate gross salary amount do we need to deduct both (employee + employers) pf contribution or what?
jus divide the ctc by 15 will get you the monthly salary
Haein? If 20000 is for instance ctc. You mean we've to divide 20000 by 15 ? We would get the monthly salary?
@@areebahkhan1370 I'm saying an average.
@@areebahkhan1370 ctc, my boi ctc
5.5 lakh is still good with ctc of 7 lakh
Think about who got 45 lakh packages but around 20 lakh or less in-hand salary
bhai stocks are actually powerful assests
I would disagree. 20 is always better than 5.5 😂
@@amarbashir4092 ik its better, but i meant in term of percentage the base salary to the ctc
@@rishavbagri4211 yeah ik! whole ctc thing is a scam! I mean if you are using a fan in the office, they can add the bill in the ctc!
@@MO-fg2cm Terms and Conditions have entered the chat
Allowances left the chat
😂😂
😂😂
Hay at what rate did you calculate the Taxes.
Is this for all corporate/ international banks like DB/ANZ/JP Morgan?
Great video 🤣🤣
Thanks for telling us the obvious. Your next video should be about the fruit orange being orange in colour
What is the inhand for CTC of 14lpa in which 13l is fixed and 1l variable?
Nice 👍
GRATUITY shouldn't be this high? May i know what the gratuity % you have taken in this example?
Hi, Gratuity shouldn't be deducted from employee salary, employer is liable for gratuity, is this correct?
Unless you work for a company for 5 years or more , you are not getting your gratuity amount. Mehnat ki kamai paani mein😅
Employee' contribution in the provident fund is also added employer's contribution is added separately
@@funnnzy9093beech me laat mardia toh ?? 😮
Yeah you are right and employee can complaint against it.
Escape the fucking matrix....
How is gratuity calculated?
Can anyone explain to me what's actually gratuity in CTC. I have googled and found so many definitions but couldn't catch one.
Gratuity is an the amount will be be paid by the company, when u leave the organisation after 5 years period of time.
@@iam-jobspotlight what if I leave before 5 year?
But bro basic salary does not change?? I'm Tcs ninja with 3.6LPA & my basic salary is 15k🙇😞
Does tax has to be paid from net salary?
fir bhi 46 bahot hai hum dekho 10-12 pe kam kar rahe hai
Kaise kharcha pani chalaleto bhai😢
@@sounakchakraboty9700 kya kare karna padta hai ghar baith nhi sakte
Bhai kaunsa kaam krte ho? 10 12k me kaun jeeta hai? Mere contacts me log 60k - 2.5L kamate hai
@@Treeevorrrbro thoda better way me bolta, help/suggest karta.
But maam ! As per labour act 1972 , gratuity should be given as a token of reward if the labour works more than 5 years ..but in labour act it is not mentioned anywhere that gratuity should be deducted from CTC it would be illegal ☹️ ?? Please reply to this i want to clarify out
True thats illegal but CTC word in not given anywhere in labour law thats why what should be in CTC and what should not be in CTC has no definition as per any Act or rule.
@@AtulKumar-hp1ipCTC is cost to company (
@@krishnamahawar319 in Labour Law, CTC word is not acknowledged.
Means any acts any rule any notification don't acknowledge the concept of CTC.
CTC is a modern age term.
Gross salary is in hand salary what?
😂
The government increased 87a rebate limit 500000 to 700000...so 700000 is a taxable income but when you get 87a rebate 25000 on 700000. Your tax will be 0....
As per rebate 700000 is tax free salary.😂😂😂
😂😂😂😂😂
Hi mehar... Does CTC also include employers pf contribution ? If so..to calculate gross salary amount do we need to deduct both (employee + employers) pf contribution or what?
yes😄
@@MeharSindhuBatra thank you
@@MeharSindhuBatraplease provide session for gap students how they get job
I am a fresher and i want to know that do we get gratuity and provident fund back anytime in future?
5.81% of ur basic salary
Mam is employer contribution also taken from ctc Or that will be paid by the company
I mean company side contribution will be deducted from our salary
👎👎
😂